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20121129
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KPIX (CBS) 5
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Search Results 0 to 4 of about 5
CBS
Nov 27, 2012 5:00am PST
democrat senator dick durbin will give what's being called a major speech laying out a case for a bipartisan deal. durbin's a member of the senate's gang of 8, four democrats and four republicans who have collaborated on ways to reduce the nation's debt for 2 1/2 year. democratic senator mark warner is also in the gang and says democrats are willing to put entitlements like medicaid and medicare on the negotiating table. >> the math just doesn't work anymore not because the programs are bad but because thank goodness we're living a lot longer. >> reporter: republicans are also signalling they are more open to compromise. they say they will agree to raising tax revenue by limiting deductions for the wealthy. >> without compromising our principles we recognize that while democrats don't run this town neither do we. >> reporter: but the two sides remain far apart on the main sticking point. republicans oppose any increase in tax rates for the wealthy. the president refuses to sign any legislation extending the current tax rates to the top 2%
CBS
Nov 27, 2012 4:00am PST
. democratic senator dick durbin will give what's being called a major speech laying out a case for a bipartisan fiscal deal. he's a member of the senate's gang of eight, four democrats and four republicans who have collaborated on ways to reduce the nation's debt for two and a half years. democratic senator mark warner is part of the gang and says democrats are willing to put entitlements like medicaid and medicare on the negotiating table. >> the math just doesn't work anymore. not because the programs are bad, but because thank goodness, we're living a lot longer. >> reporter: republicans are also signaling they're more open to compromise. many in the house are distancing themselves from a no-tax increase pledge they signed. they say they'll agree to raising tax revenue by limiting deductions for the wealthy. >> without compromising our principles, we put skin on the game and recognition of the fact that while democrats don't run this town, neither do we. >> reporter: but the two sides remain far apart on the main sticking point. republicans oppose any increase in tax rates f
CBS
Nov 27, 2012 4:30am PST
them to reconsider their no tax pledges. some are now open to changes. dick durbin plans to lay out a proposal for a bipartisan group deemed the gang of 8. they have been working on a plan to reduce debt. if the lawmakers don't pass a plan by the end of the december tax hikes and budget cuts kick in. >>> a cyber monday tradition for federal officials took dozens of websites offline. it was the third annual crackdown on websites selling counterfeit merchandise. the sites were shut done after copyright holders that sports, dvds and other goods investigators bought on the websites were fake. the sites now display a banner that explains what happened. >>> robbers in san francisco are stealing iphones at an alarming rate. now, some people are trying to do something about it. at this beauty shop in the russian hill area, workers are warning customers that people are being robbed of their phones sometimes at gunpoint. distracted women are often the targets. >> i was just sitting there looking down at my phone and then somebody just grabbed it and it was like a phone-wallet combo. i started
CBS
Nov 27, 2012 6:00am PST
durbin plans to lay out a proposal for a bipartisan group, the gang of 8, who have been working for a plan to reduce the national debt. if lawmakers don't pass a plan by december 31, tax hikes and budget cuts will kick in. >>> running the risk of autism. the link between pollution and pregnancy. >> plus some of the best child athletes in the country. the bay area kids who have a chance at the ultimate prize. >> but first, stranded at sea. how two men found themselves like this in a dangerous rescue after the break. when i take a picture of this check, it goes straight to the bank. oh. oh look the lion is out! no mommy no! don't worry honey, it only works on checks. deposit checks from your smartphone with chase quickdeposit. just snap a picture, hit send and done. take a step forward and chase what matters. the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to
CBS
Nov 28, 2012 7:00am PST
or the economy. > a tough white house ally, nglinois senator dick durbin argued against using fiscal cliff pressures to scale back paidare and medicaid benefits. >> these are people that have paid in over a lifetime into protectecurity and medicare and fully expect the protection bech they've invested in to be that'snd it has to be there. republicans anyblicans are demanding in any fiscal cliff deal. o raisew never to raise taxes on the w o entitlement programs now gobbling up more than 60% of annual federal spending. that means the white house to dough if i liberal democrats or >> the p enrage republicans. ted to thesident is very committed to the proposition itht we can deal with these challenges if we come together oach.dopt a balanced approach. >> i may sound glib what i'm about to say but this white house is really serious about an issuewhen it goes to twitter. anew white house hash tag on preserving the middle class tax preserving. that's $2,000, average amount that taxes would rise if the bush era texas cuts are not ttended. eek white house plans to hammer its issue all week, believ
Search Results 0 to 4 of about 5